Economy Local March 14, 2025

Dubai Aircraft Manufacturing Secures $1 Billion Deal

Dubai Aircraft Manufacturing has signed agreements to acquire 17 aircraft valued at nearly $1 billion, enhancing its fleet with new-generation planes.


Dubai Aircraft Manufacturing Secures $1 Billion Deal

The company 'Dubai Leasing Aviation' announced today the conclusion of a deal to lease 17 newest aircraft for a total sum of about one billion US dollars (approximately 3.67 billion dirhams). The entire aviation fleet consists of aircraft of the new generation, with 89% of them having narrow fuselage and produced 80% by Airbus and 20% by Boeing.

It should be noted that of these 17 aircraft, 11 are already leased to 10 airlines from 10 different countries. Additionally, these recently added aircraft, of an important economic class, will help expand the geography of flights and increase the productivity of the airlines.